Asked by
Josue Floressantiago
on Nov 18, 2024Verified
Lubricants used on the bar stool manufacturing equipment
Indirect Cost
Expenses that are not directly attributable to a specific product or service, such as administrative and facility costs.
Direct Cost
Expenses that can be directly traced to the production of a specific good or service, such as materials and labor.
- Understand the role of direct and indirect costs in production.
Verified Answer
PS
Learning Objectives
- Understand the role of direct and indirect costs in production.